The post Donald Trump Said He Wouldn’t Sell Bitcoin, But Bitcoin Transfers Were Made From US-Linked Wallets – What’s Going On? appeared on BitcoinEthereumNews.comThe post Donald Trump Said He Wouldn’t Sell Bitcoin, But Bitcoin Transfers Were Made From US-Linked Wallets – What’s Going On? appeared on BitcoinEthereumNews.com

Donald Trump Said He Wouldn’t Sell Bitcoin, But Bitcoin Transfers Were Made From US-Linked Wallets – What’s Going On?

2025/12/12 03:22

The movement of approximately 33,737 BTC (approximately $3.11 million) from Silk Road-linked wallets on the evening of December 9th once again became a hot topic in the crypto community yesterday.

On-chain data shows that these assets were moved from addresses previously associated with the US government to the Coinbase Prime platform.

This image shows transfers from US-linked wallets.

Despite this, addresses linked to the same cluster still hold $6.1 million worth of Bitcoin. Analysts note that the question of “Why didn’t they move it all?” remains unanswered for now. The source cluster holds assets across 372,787 addresses, with a historical transaction volume exceeding $405 million. The largest address in the cluster, 1MUJC, alone holds $1.59 million worth of BTC.

This isn’t the first time these funds have been moved by the US government. Approximately 12 years ago, transfers of what appeared to be US-owned wallets occurred from some addresses in the same cluster. The latest transfer marks a new link in a long history dating back to 2012; the first transaction from the cluster was in June 2012, and the last one is dated December 9, 2025.

Currently, the remaining $6.1 million worth of BTC has not yet been moved. Chain analysts say they will be closely watching whether the US continues to consolidate Silk Road funds in the coming days.

*This is not investment advice.

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Source: https://en.bitcoinsistemi.com/donald-trump-said-he-wouldnt-sell-bitcoin-but-bitcoin-transfers-were-made-from-us-linked-wallets-whats-going-on/

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UK FCA Plans to Waive Some Rules for Crypto Companies: FT

UK FCA Plans to Waive Some Rules for Crypto Companies: FT

The post UK FCA Plans to Waive Some Rules for Crypto Companies: FT appeared on BitcoinEthereumNews.com. The U.K.’s Financial Conduct Authority (FCA) has plans to waive some of its rules for cryptocurrency companies, according to a Financial Times (FT) report on Wednesday. However, in another areas the FCA intends to tighten the rules where they pertain to industry-specific risks, such as cyber attacks. The financial watchdog wishes to adapt its existing rules for financial service companies to the unique nature of cryptoassets, the FT reported, citing a consultation paper published Wednesday. “You have to recognize that some of these things are very different,” David Geale, the FCA’s executive director for payments and digital finance, said in an interview, according to the report, adding that a “lift and drop” of existing traditional finance rules would not be effective with crypto. One such area that may be handled differently is the stipulation that a firm “must conduct its business with integrity” and “pay due regard to the interest of its customers and treat them fairly.” Crypto companies would be given less strict requirements than banks or investment platforms on rules concerning senior managers, systems and controls, as cryptocurrency firms “do not typically pose the same level of systemic risk,” the FCA said. Firms would also not have to offer customers a cooling off period due to the voltatile nature of crypto prices, nor would technology be classed as an outsourcing arrangement requiring extra risk management. This is because blockchain technology is often permissionless, meaning anyone can participate without the input of an intermediary. Other areas of crypto regulation remain undecided. The FCA has plans to fully integrate cryptocurrency into its regulatory framework from 2026. Source: https://www.coindesk.com/policy/2025/09/17/uk-fca-plans-to-waive-some-rules-for-crypto-companies-ft
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